527 IWALANI ST, HILO, HI 96720

2 Story Home w/ Old School Charm! Backs Hilo Muni!

Listing Provided by: Better Homes and Gardens Real Estate Hank Correa Realty
MLS #: 723994
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Description

Discover the potential of 527 Iwalani St, a spacious 4-bedroom, 2-bath home situated on a generously sized lot in a quiet Hilo neighborhood. This property offers a rare combination of privacy, location, and opportunity — perfect for buyers seeking room to grow.Bordering the Hilo Municipal Golf Course, the home enjoys a serene backdrop of open green space, providing a peaceful atmosphere and scenic views right from your yard. The setting feels tucked away while still being minutes from schools, shopping, and Hilo amenities.With residential zoning that may allow for the construction of an additional dwelling, this property is an excellent candidate for multi-generational living, rental income, or a custom expansion. The sizable lot gives you the flexibility to create the ideal setup for your needs.Inside, the home offers a practical 2-story layout with four bedrooms, two full bathrooms, and ample space for both living and entertaining. Whether you're looking for a comfortable place to call home or an investment with long-term upside, 527 Iwalani St presents an exceptional opportunity in a highly desirable location.Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

Property Details

Price: $600,000
Sold Price:
Address: 527 IWALANI ST, HILO, HI 96720
Ownership: Full
Status: Active
Category: Residential
Type:

Total Bedrooms: 4
Total Bathrooms: 2
Full Baths: 2
Living Area: 1,020 Square Feet

Listed by: Better Homes and Gardens Real Estate Hank Correa Realty
Year Built: 1955
Levels:

Features and Amenities

Interior Features:
Exterior Features:
View: Golf Course
Pool:
Pool Features:

Appliances: Range, Refrigerator
Fireplace Features:
Flooring: Carpet
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Attached, Covered
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: WAIAKEA HOMESTEADS 1ST SERIES
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: X

Land Information

Lot Size: 19,980 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Interior Lot
Frontage Type:
Roads: County, Paved
Roads Frontage Type: HIS Road/Street
Zoning: RS-15
Horse Amenities:

Additional Details

Assessed Tax Value: $425,400
Annual Tax: $4,722
Tax Year: 2025
Tax Lot: 18-B
Tax Block:

Utilities: Electricity Available
Cooling:
Heating:
Sewer: Cesspool
Water:
Solid Waste Disposal: None

First Listed November 14, 2025, 11:13 am
Last Updated November 14, 2025, 11:13 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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